What's Going On With Super Micro Computer (SMCI) Stock?

Super Micro Computer Inc SMCI shares are up 15% to $43.58 since Monday’s open. This week, an internal investigation led by its Special Committee found "no evidence of misconduct or fraud" involving management or the board.

What To Know: The review, supported by legal and forensic experts, assessed rehiring practices, sales and revenue recognition, export controls and related-party disclosures. While largely reassuring, it also exposed governance lapses, prompting calls for structural reforms.

Key recommendations accepted by the board include appointing a new CFO to replace David Weigand and bolstering oversight with hires like a chief compliance officer, general counsel and chief accounting officer. The company committed to expanding training programs and tightening financial controls.

Despite these measures, JPMorgan analyst Samik Chatterjee remains cautious, maintaining an "Underweight" rating. Chatterjee highlighted two risks: Super Micro's independent auditor BDO's response and Nasdaq’s potential extension for compliance.

Read Also: US Economy Adds 227,000 Jobs In November, Wage Growth Accelerates

How To Buy SMCI Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Super Micro Computer’s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, SMCI has a 52-week high of and a 52-week low of